Ifci LimitedNSE: IFCI

IFCI: Standalone profit fell, but group profit surged on fair value gains; focus on NPA recovery and consolidation

· Issued by Ifci Limited

Standalone profit after tax declined sharply due to lower interest income and higher impairment, while consolidated profit rose on the back of a significant fair value gain in a subsidiary. No new loans were disbursed, with focus on NPA recovery and group consolidation. Government infused ₹1,000 crore, raising its stake to 72.57%.

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